Answer: A. You can withdraw money at any time.
Explanation:
No entries shall be allowed for district meets which are not submitted to the director on or before the fifth day before the first day of the meet.
<h3><u>
What is the role of a director?</u></h3>
- An organization's directors play a crucial role in governance on behalf of its shareholders or members.
- The legal obligations that each Director must uphold during their tenure are outlined in various pieces of legislation. However, Directors are also held personally responsible for exceeding 700 more laws and legal standards.
- Each director must acknowledge and support the following standards of conduct:
- To accept personal accountability for contributing objectively and without regard to one's own interests to the Board's choices.
- To proactively seek out sufficient knowledge about the organization's operations.
- To constructively contribute to the formulation of pertinent organizational policies.
- To give the organization's long-term strategies solid support.
In order to encourage good governance and guarantee that each director acts in the interests of the company's stakeholders, the legally based director duties were created.
Know more about Directors with the help of the given link:
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Answer:
Dr Retained Earnings $6,000
Cr Common Dividends Payable $6,000
Explanation:
Preparation of the journal entry to record the dividend declaration
Based on the information given we were told that the Corporation declared the amount of $0.50 per share cash dividend on common shares in which 12,000 shares of the common stock are outstanding, hence The journal entry to record the dividend declaration is:
Dr Retained Earnings $6,000
Cr Common Dividends Payable $6,000
(12,000*$0.50)
Answer: The correct answer is choice A - a huge increase in the monetary base.
Explanation: From before the financial crisis began in September of 2007 to when the crisis was over at the end of 2008, the amount of Federal Reserve assets rose, leading to a huge increase in the monetary base.